Eurasia Journal News

Russia and China Aiming for Successful Conclusion of Negotiations on Western Route

Beijing hosted today working meetings among Alexey Miller, Chairman of the Gazprom Management Committee, Zhang Gaoli, First Vice Premier of China’s State Council and Wang Yilin, Chairman of the Board of Directors of China National Petroleum Corporation (CNPC). The participants addressed the issues of bilateral cooperation, particularly the preparations for …

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Eurasia Journal News

Gazprom Geologorazvedka Discovers New Deposits at the Imbinskoye Field

Two new hydrocarbon deposits in the Imbinskoye gas field were discovered by Gazprom Geologorazvedka, exploration operator in the Imbinsky license block of Gazprom (Boguchany District, Krasnoyarsk Territory). In compliance with the approved Geological Exploration Program, between 2010 and 2012 the company conducted 3D seismic surveys at the Imbinskoye field as …

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Conference and Exhibition News and UpdatesEurasia Journal News

Kazakh Drilling Roundtable: Latest Delegate List

Have you ensured your attendance at the KDR 2015? You will be joining the following 62 companies that have already confirmed their delegations! Please click here to register as a delegate, or enquire about the limited sponsorship opportunities that remain. Review the list of companies who are attending the KDR, …

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Eurasia Journal News

Max Petroleum: Samek Int Receives Creditor Protection “Rehabilitation Process” and AGR Energy Subscription is Approved

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces the following corporate updates: Acceptance of rehabilitation application for Samek International LLP Further to its announcement of 27 July 2015 regarding the initiation of a rehabilitation process under Kazakh law to provide its wholly owned …

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Eurasia Journal News

Max Petroleum: Samek Int Receives Creditor Protection "Rehabilitation Process" and AGR Energy Subscription is Approved

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, announces the following corporate updates: Acceptance of rehabilitation application for Samek International LLP Further to its announcement of 27 July 2015 regarding the initiation of a rehabilitation process under Kazakh law to provide its wholly owned …

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Eurasia Journal News

2015 National Energy Report of the KAZENERGY Association

In 2016, crude oil prices will rise, on average, to about $63 per barrel and in 2020 to about $80 per barrel. Prior to 2035 the growth in demand for primary energy in the world is expected to average 1.3% per year and will be from 90 till 115 million …

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Eurasia Journal News

NOVATEK Board Of Directors Recommends 1H 2015 Dividend

OAO NOVATEK (“NOVATEK” or the “Company”) announced the results of its Board of Directors (“the Board”) meeting held today. The Board discussed the Company’s results for the first half 2015 and recommended to the Extraordinary General Meeting of Shareholders (“EGM”) convened on 25 September 2015 the size of the interim …

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Eurasia Journal News

Rosneft Closes the Transaction for the Acquisition of a Russian Oilfield Service Company from Trican Well Service Ltd.

A company of the Rosneft Group and a subsidiary of Trican Well Service Ltd. closed the transaction, pursuant to which a Rosneft subsidiary acquires a 100% participation interest in Trican Well Service LLC, which provides high-quality pressure pumping services focused on enhancement of production within the conventional oil and gas …

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Eurasia Journal News

Shelton Petroleum AB: Interim report January-June 2015

Increased operating margin compared to the first quarter January – June 2015 – Total revenue for the period: SEK 42 (63) million – Operating result for the period: SEK 5 (15) million – Operating margin: 12% (23%) – Basic and diluted earnings per share: SEK 0.19 (0.70) April – June …

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Eurasia Journal News

Lukoil: Sells Caspian Investments Resources to Sinopec for USD 1,087 million

PJSC LUKOIL closed a deal to sell its 50% share in Caspian Investments Resources Ltd. to China-based Sinopec. The required permits from the state authorities of the Republic of Kazakhstan were acquired in late July 2015. According to the contract LUKOIL receives USD 1,087 million. Caspian Investments Resources Ltd. has …

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